Loss

2 Posts
1 Sections
1 Types

October 3, 2023 4 min read Definitions

Understanding Casualty in General Insurance Terms

Finance Insurance Studies Risk Management Insurance Casualty Liability Accident Loss

Learn about the term 'Casualty' in general insurance, which refers to a loss incurred due to an accident. Expand your insurance vocabulary with clear definitions.

October 3, 2023 4 min read Definitions

Understanding Loss in General Insurance Terms

Finance Insurance Studies Risk Management Insurance Loss Claims Risk Management Property Value

Explore the definition of 'Loss' in general insurance, including claims filed by the insured, property value decreases, and amounts paid by the insurer.